Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 16.865870 19.217358 21.783465 24.792583 28.225939 32.022991 36.543385
2024-10-20 13.008209 15.942740 19.386927 23.731080 29.070219 35.426147 43.580055
2024-10-27 10.440840 13.665061 17.706056 23.150459 30.308520 39.419541 51.932246
2024-11-03 8.853442 12.327315 16.959280 23.601583 32.910765 45.537235 64.041002
2024-11-10 7.674616 11.333178 16.507202 24.381591 36.112204 53.020904 79.393833
2024-11-17 6.514984 10.172189 15.641334 24.449425 38.356904 59.602013 94.776177
2024-11-24 5.352694 8.809518 14.259408 23.520360 38.973697 63.921646 107.646800
2024-12-01 4.424211 7.655295 13.011791 22.591952 39.444426 68.128456 121.224326
2024-12-08 3.789069 6.878354 12.252445 22.348392 41.033484 74.499390 139.804017
2024-12-15 3.323571 6.316944 11.770223 22.510452 43.383576 82.650224 163.282535
2024-12-22 2.900897 5.760222 11.203670 22.419425 45.260190 90.298730 187.425071
2024-12-29 2.636255 5.460951 11.072403 23.151402 48.892689 102.026937 222.212282
2025-01-05 2.324715 5.024256 10.621157 23.210592 51.294399 112.000649 256.096202
2025-01-12 1.997062 4.494682 9.888914 22.544882 52.043023 118.696636 284.429330
2025-01-19 1.750235 4.096657 9.368744 22.254194 53.593862 127.527203 319.868883
2025-01-26 1.602524 3.898099 9.260272 22.903925 57.510193 142.697022 374.456183
2025-02-02 1.488647 3.759171 9.267146 23.842316 62.357293 161.189662 442.115651
2025-02-09 1.347108 3.525486 9.004258 24.056657 65.425276 175.899439 503.425816
2025-02-16 1.174628 3.179911 8.398985 23.258138 65.648525 183.230933 546.118170
2025-02-23 1.025210 2.867583 7.823874 22.429920 65.632055 189.959325 588.930892
2025-03-02 0.922225 2.663745 7.503680 22.259873 67.490904 202.476771 652.704483
2025-03-09 0.845758 2.520998 7.327663 22.479701 70.581342 219.363762 734.861008
2025-03-16 0.769123 2.363208 7.079974 22.435806 72.865812 234.348852 814.891772